Risk Factors Update Summary
- Net proceeds from the sale of shares through an agreement increased from $881,946 to $3,158,474.
- Increased the number of shares sold in a registered direct offering from 185,644 to 239,644.
- Outstanding options to purchase shares increased from 374,327 to 883,374.
- Net proceeds from a registered direct offering increased from approximately $6.7 million to $5.8 million.
- Total employees decreased from 28 to 26 as of March 15, 2024.
- Accumulated deficit increased from approximately $100 million to $133.9 million.
- Warrants to purchase shares increased from 131,111 to 440,131.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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